Top Construction Companies For 2015

Top Construction Companies For 2015: Tile Shop Holdings Inc (TTS)

Tile Shop Holdings, Inc., incorporated on June 21, 2012, is a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. The Company sells over 4,500 products from around the world, including ceramic, porcelain, glass, and stainless steel manufactured tiles and, marble, granite, quartz, sandstone, travertine, slate, and onyx natural tiles. It purchases its tile products and accessories directly from producers. The Company manufactures its own setting and maintenance materials, such as thinset, grout, and sealers under its brand name. The Company operates 70 stores in 22 states, with an average size of 23,000 square feet. It also sells its products on its Website. In January 2014 Tile Shop Holdings Inc launched its first retail store in Oklahoma City.

The Company offers a complete assortment of tile products, generally sourced directly from producers, including ceramic, porcelain, glass, and stainless steel manufactured tiles, and marble, granite, quartz, sandstone, travertine, slate, and onyx natural tiles. The Company also offers a range of setting and maintenance materials, such as thinset, grout and sealers, and accessories, including installation tools, shower and bath caddies, drains, and similar products.

The Company competes with Home Depot, Tile America, World of Tile, Century Tile, and Floor and Decor, Dal-Tile and Florida Tile.

Advisors' Opinion:

• [By Demitrios Kalogeropoulos]

  The Tile Shop's (NASDAQ: TTS  ) shares fell 11% yesterday despite no news coming from the company. Instead, investors were spooked by a big profit warning from a seemingly unrelated retailer: Lumber Liquidators (NYSE: LL  ) . 

• [By Tim Melvin]

  Tile Shops Holdings (TTS) came pu! blic back in 2012 and was initially a hot deal, doubling in the months after the deal was priced. It has been pretty much downhill from there, and the shares have lost half their peak value and are back near the offering price.

• [By Jon C. Ogg]

  Tile Shop Holdings, Inc. (NASDAQ: TTS) managed to recover almost 12% on Friday to $14.50, but this one tanked on accusations of having third party transactions that would have inflated the company sales. Shares were down almost 40% on Thursday to $12.95 after having closed at $21.22 the day before. Now there are investigations and everyone is scared despite the company denying the claims and despite the company reaffirming its guidance. This one even traded 19 million shares on Thursday and 20 million on Friday, versus an average of what would be closer to 500,000 or so before the news. Anything tied to “accounting irregularities” sends investors running and brings the regulators and lawyers in.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-construction-companies-for-2015.html